Answer:
3.33%
Step-by-step explanation:
Given that :
Final amount A= 320
Principal P = 300
Time (t) = 2 years
Yes, the information is enough to obtain the interest rate :
Using the relation :
A = P(1 + rt)
r = interest rate
320 = 300(1 + r*2)
320 = 300(1 + 2r)
320/300 = 1 + 2r
1.0666666 = 1 + 2r
1.0666666 - 1 = 2r
0.0666666 = 2r
r = 0.0666666 / 2
r = 0.0333333
(0.0333333) * 100% = 3.33%
Answer:
3
Step-by-step explanation:
i dont know how to show the work i did it in my head
Answer:
The car loses $5,635 every year. Multiply 24,500 by 23% (0.23)
Multply both sides of the equation by 7.

_____
When the variable is in the numerator of a proportion like this, you can solve it by multiplying by that denominator. That multiplication cancels the denominator and gives you the value of the variable.
In general, you multiply by the reciprocal of the coefficient of x. When that coefficient is 1/7, you multiply by 7/1. Of course, you know that 7/7 = 1 and that x/1 = x.
Answer:
I'm not sure what the answer is but, I'm thinking the answer w